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SER

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Share Name Share Symbol Market Type
TSXV:SER TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Notice of Change in Control of Serenic Shares

28/03/2013 1:41am

Marketwired Canada


Serenic Corporation (TSX VENTURE:SER) - R. Dwayne Kushniruk, ("Kushniruk")
announced that pursuant to a pooling agreement entered into on March 16, 2013
between Kushniruk, Gordon Buchanan, and their respective companies that own
common shares of Serenic Corporation, Kushniruk has acquired control of
2,590,833 common shares ("Common Shares") of Serenic Corporation (the
"Corporation"). This block of shares, which represents approximately 17.87% of
the issued and outstanding Common Shares of the Corporation, is comprised as
follows: 15,833 Common Shares held by Gordon Buchanan; and 2,575,000 Common
Shares held by Gordon Buchanan Enterprises Ltd., a corporation that is
beneficially owned by Gordon Buchanan (collectively referred to as "Buchanan
Shares").


Prior to entering into the pooling agreement, Kushniruk was deemed to have
ownership and control of 2,461,930 common shares, representing approximately
16.98% of the issued and outstanding common shares of the Corporation, comprised
of 929,680 common shares held directly by Kushniruk; and 1,532,250 common shares
held though his wholly owned corporations, 765226 Alberta Ltd. and 940568
Alberta Ltd. (collectively referred to as "Kushniruk Shares"). As a result of
the pooling agreement Kushniruk is deemed to now have control of 5,052,763
Common Shares, comprised of the Kushniruk Shares and Buchanan Shares, which in
total comprise approximately 34.85% of the issued and outstanding Common Shares
of the Corporation. Kushniruk also owns 215,000 stock options of the
Corporation, which when combined with the issued and outstanding shares
represent approximately 35.80% of the issued and outstanding common shares on a
fully diluted basis, assuming exercise of all of the stock options held by
Kushniruk.


Other than as set forth herein, Kushniruk has no further rights to acquire any
other securities of the Corporation at this time, however, may from time to
time, depending on market and other conditions, increase or decrease his
beneficial ownership, control or direction over the Kushniruk Shares or other
securities of the Corporation, through market transactions, private agreements,
treasury issuances, exercise of convertible securities or otherwise. 


The issuance of this news release is not an admission that an entity named in
the news release owns or controls any described securities or is a joint actor
with another named entity.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Serenic Corporation
Dwayne Kushniruk
1-877-426-5385
dkushniruk@serenic.com
www.serenic.com

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