Each of Christina Dykun and Craig Parry Confirm Ownership Interest in Skarb Exploration Corp Following Filing of Final Non-Offering Prospectus
January 30, 2019
All values are in Canadian dollars unless otherwise indicated.
Toronto, Ontario – January 30, 2019 – Each of Christina Dykun and Craig Parry confirm that they now, directly or indirectly, own 7,400,000 and 5,400,000 common shares (each, a “Common Share”), respectively, of Skarb Exploration Corp. (the “Corporation”). As of the date hereof, each of their holdings represents approximately 42.22% and 30.81% of the issued and outstanding Common Shares, respectively.
Ms. Dykun and Mr. Parry purchased their securities in May 2018, in a private placement for $0.02 per Common Share or $148,000 and $108,000 in the aggregate, respectively. For further details, see the Corporation’s final non-offering prospectus dated January 25, 2019 (the “Final Prospectus”).
Ms. Dykun and Mr. Parry each acquired their Common Shares for investment purposes. Ms. Dykun and Mr. Parry are restricted from selling their Common Shares as described in the Final Prospectus. Ms. Dykun and Mr. Parry may purchase and/or sell additional Common Shares from time to time, subject to applicable law. In connection with the filing of the Final Prospectus, each of Ms. Dykun and Mr. Parry entered into an escrow agreement, as described in the Final Prospectus.
Further information (including a copy of the early warning reports to be filed with Canadian securities regulators in connection with the purchases described above) can be obtained by contacting:
Chief Executive Officer
Suite 970, 1055 West Hastings Street
Vancouver, BC V6E 2E9