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FUT The Futura Loyalty Group Inc.

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Share Name Share Symbol Market Type
The Futura Loyalty Group Inc. TSXV:FUT 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 -

Acquisition of Shares of The Futura Loyalty Group Inc. for Investment Purposes

12/09/2011 4:09am

PR Newswire (Canada)


The Futura Loyalty Group Inc. (TSXV:FUT)
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From Jul 2019 to Jul 2024

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TORONTO, Sept. 15, 2011 /CNW/ - Following the departure of Jay Noronha from DWM Securities Inc., Doug Stone (the "Offeror"), a Registered Portfolio Manager with DWM Securities Inc. who has been appointed interim servicing advisor for Jay Noronha's former discretionary client accounts, acquired control or direction over 13,050,000 common shares (the "Common Shares") of The Futura Loyalty Group Inc. (the "Company"), representing approximately 7.08% of the total outstanding Common Shares, and 4,100,000 warrants (the "Warrants") that, if exercised, together represent approximately 9.07% of the total outstanding Common Shares. In aggregate, the Offeror owns or exercises control or direction over a total of 22,004,714 Common Shares representing approximately 11.89% of the total outstanding Common Shares and 6,644,000 Warrants that, if exercised, together represent approximately 14.96% of the total outstanding Common Shares. Of the Warrants, 6,500,000 Warrants are exercisable at a price of $0.05 per Common Share and expire on April 8, 2012, and 144,000 Warrants are exercisable at a price of $0.10 per Common Share and expire on April 8, 2015.  Each Warrant is exercisable for one Common Share. The Futura Loyalty Group Inc. CONTACT: Moira Simo, VP Compliance at 416-350-5049.

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