Founders & Operators make required disclosure of its "Toehold" under the Early Warning Requirements in its Takeover of Hank Payments Corp. Early Warning Disclosure Document
Form 62-103F1 Required Disclosure under the Early Warning Requirements This report is not filed to amend information disclosed in an earlier report. Item Security and Reporting Issuer 1.1 Designation of securities: Common shares 1.2 Name of the market: TSX Venture Exchange (TSX.V) Item 2 â€" Identity of the Acquiror 2.1 Name and address of the acquiror: 2.2 Date of the transaction: November 2, 2024 Description of the transaction: Melrose Ventures, along with its joint actors, has announced a Toehold position & takeover bid to acquire a controlling interest in Hank Payments Corp by purchasing a minimum of 8.5 million shares OR the number of shares necessary to bring their stake above 51%.
2.3 Names of any joint actors: Item 3 Interest in Securities of the Reporting Issuer 3.1 Designation and number of securities acquired or disposed of: 3.2 Ownership or control: The acquiror and joint actors have acquired ownership and control over the securities. 3.3 Securities lending arrangement: Not applicable. 3.4 Securities and security holding percentage before and after the transaction: 3.5 Ownership and control details: 3.6 Related financial instrument: Not applicable. 3.7 Securities lending arrangement: Not applicable. 3.8 Agreement, arrangement, or understanding altering economic exposure: Not applicable. Item 4 Consideration Paid 4.1 Value of consideration paid: Intelligent Payment Processing Inc: 6,836,767 Founders shares (ownership and control)
Shawn Carden: 950,000 shares (ownership and control)
First Canadian Capital Corp: 500,000 shares (ownership and control)
4.2 Nature and value of consideration: FOUNDERS SHARES & TSX stock exchange. 4.3 Method of acquisition or disposition: Purchase of shares through a takeover bid. Item 5 Purpose of the Transaction Item 6 Agreements, Arrangements, Commitments or Understandings With Respect to Securities of the Reporting Issuer Item 7 Change in Material Fact Item 8 Exemption Item 9 Certification The acquiror must certify that the information in this report is true and complete in every respect. In the case of an agent, the certification is based on the agents best knowledge, information, and belief but the acquiror is still responsible for ensuring that the information filed by the agent is true and complete. Certification: I, as the acquiror, certify, or I, as the agent filing this report on behalf of an acquiror, certify to the best of my knowledge, information, and belief, that the statements made in this report are true and complete in every respect. Date: November 4, 2024 Signature: MCT Name/Title:
Michael C Trimarco
Principal
Melrose Ventures LLC
Intelligent Payment Processing Inc Contact Information: SOURCE: Melrose Ventures LLC View the original press release on accesswire.com
Founders & Operators make required disclosure of its "Toehold" under the Early Warning Requirements in its Takeover of Hank Payments Corp. Early Warning Disclosure Document
Form 62-103F1 Required Disclosure under the Early Warning Requirements This report is not filed to amend information disclosed in an earlier report. Item Security and Reporting Issuer 1.1 Designation of securities: Common shares 1.2 Name of the market: TSX Venture Exchange (TSX.V) Item 2 â€" Identity of the Acquiror 2.1 Name and address of the acquiror: 2.2 Date of the transaction: November 2, 2024 Description of the transaction: Melrose Ventures, along with its joint actors, has announced a Toehold position & takeover bid to acquire a controlling interest in Hank Payments Corp by purchasing a minimum of 8.5 million shares OR the number of shares necessary to bring their stake above 51%.
2.3 Names of any joint actors: Item 3 Interest in Securities of the Reporting Issuer 3.1 Designation and number of securities acquired or disposed of: 3.2 Ownership or control: The acquiror and joint actors have acquired ownership and control over the securities. 3.3 Securities lending arrangement: Not applicable. 3.4 Securities and security holding percentage before and after the transaction: 3.5 Ownership and control details: 3.6 Related financial instrument: Not applicable. 3.7 Securities lending arrangement: Not applicable. 3.8 Agreement, arrangement, or understanding altering economic exposure: Not applicable. Item 4 Consideration Paid 4.1 Value of consideration paid: Intelligent Payment Processing Inc: 6,836,767 Founders shares (ownership and control) Shawn Carden: 950,000 shares (ownership and control) First Canadian Capital Corp: 500,000 shares (ownership and control)
4.2 Nature and value of consideration: FOUNDERS SHARES & TSX stock exchange. 4.3 Method of acquisition or disposition: Purchase of shares through a takeover bid. Item 5 Purpose of the Transaction Item 6 Agreements, Arrangements, Commitments or Understandings With Respect to Securities of the Reporting Issuer Item 7 Change in Material Fact Item 8 Exemption Item 9 Certification The acquiror must certify that the information in this report is true and complete in every respect. In the case of an agent, the certification is based on the agents best knowledge, information, and belief but the acquiror is still responsible for ensuring that the information filed by the agent is true and complete. Certification: I, as the acquiror, certify, or I, as the agent filing this report on behalf of an acquiror, certify to the best of my knowledge, information, and belief, that the statements made in this report are true and complete in every respect. Date: November 4, 2024 Signature: MCT Name/Title:
Michael C Trimarco
Principal
Melrose Ventures LLC
Intelligent Payment Processing Inc Contact Information: SOURCE: Melrose Ventures LLC View the original press release on accesswire.com
|