Stellar (NASDAQ:SLRXF)
Historical Stock Chart
From Jul 2019 to Jul 2024
SJ Strategic Investments LLC Announces Acquisition of 1,100,000
Common Shares of Stellar International Inc.
BRISTOL, Tenn., June 4 /PRNewswire/ -- SJ Strategic Investments LLC, a private
family owned investment vehicle, focusing on both private and public
pharmaceutical company investments, today announced that it has acquired an
additional 1,100,000 common shares of Stellar International Inc. (OTC Bulletin
Board: SLRXF; TSXV: SLX) through private agreements, a portion of which was
acquired from Peter Riehl and Samuel Hahn pursuant to previously announced
agreements with SJ pursuant to which they have granted rights of first refusal
to SJ in respect of the sale of securities in Stellar owned by them.
SJ currently owns an aggregate of 5,188,794 Stellar common shares (including
the 1,100,000 recently acquired Stellar common shares), or approximately 23.9%
of the issued and outstanding Stellar common shares, on a non-diluted basis. SJ
does not direct or control any other Stellar common shares.
The Stellar common shares were acquired by SJ for investment purposes only, and
not with the purpose of influencing control or direction over Stellar. SJ may
acquire further Stellar common shares, or dispose of its holdings of Stellar
common shares, as investment conditions warrant.
SJ has its head office at 340 Edgemont Avenue, Suite 500, Bristol, Tennessee
37620, USA. A copy of the report required to be filed under Canadian securities
laws in connection with the foregoing may be obtained from Jay Tebeau, Director
of Public Relations for SJ, at 423-989-7225.
DATASOURCE: SJ Strategic Investments LLC
CONTACT: Jay Tebeau, Director of Public Relations for SJ Strategic
Investments LLC, +1-423-989-7225