Zebra Holdings and Investments S.à.r.l. Acquires Units of Generation Mining Limited
![Zebra Holdings and Investments S.à.r.l. Acquires Units of Generation Mining Limited](https://www.minenportal.de/media/goldseiten-news.jpg)
Prior to the offering, Zebra owned 1,650,000 Common Shares or approximately 8.70% of the then issued and outstanding Common Shares and no Warrants.. With the acquisition of 5,000,000 Units, Zebra now holds 6,650,000 Common Shares representing approximately 15.12% of the issued and outstanding Common Shares of Generation Mining. In addition, Zebra now also holds 2,500,000 Warrants and assuming exercise of the Warrants by Zebra and without taking into account the exercise of any other Warrants issued to subscribers in connection with the Offering, Zebra would hold approximately 19.69% of Generation Mining's issued and outstanding Common Shares on a partially diluted basis.
Zebra has acquired the Common Shares and Warrants for investment purposes. Zebra may from time to time increase or decrease its investment in the Common Shares of Pine Point depending upon the business and prospects of Pine Point and depending upon future market conditions.
A copy of the Early Warning Report filed pursuant to National Instrument 62-103 will appear with Pine Point's documents on the System for Electronic Document Analysis and Retrieval (SEDAR) and may also be obtained from Sandy Kansky, 1-604-806-3574.
SOURCE Zebra Holdings and Investments S.à.r.l.
For further information:
Aksel Azrac
Telephone Number: 011 41 22 595 1875
Fax: 011 41 22 595 1800