Take-Over Bids and Issuer Bids and National Instrument 62-103 –
The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE)
Bob Buchan (the “
Acquiror”) of 5 Bayview Wood, Toronto, ON, M4W 1R8, acquired on January 25, 2021, under a private placement subscription agreement, ownership and/or exercise of control or direction over an aggregate of 6,250,000 common shares (each a “
Share”) of Waverley Resources Ltd. (formerly Angus Mining Inc.) (the “
Issuer”) at a price of $0.01 per Share under a private placement offering by the Issuer (the “
Private Placement”). This acquisition increased the Acquiror’s ownership and/or control of and direction over, issued and outstanding Shares to approximately 18.18%.