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 14,545,055 common shares (the "Common Shares") of VIQ
Solutions Inc. (the "Company"), representing approximately 16.49% of
the total outstanding Common Shares, and 1,500,000 warrants (the "Warrants") that, if exercised, together represent
approximately 17.89% of the total outstanding Common Shares.
In aggregate, the Offeror owns or exercises control or direction over a
total of 15,851,055 Common Shares representing approximately 17.98% of
the total outstanding Common Shares and 1,500,000 Warrants that, if
exercised, together represent approximately 19.35% of the total
outstanding Common Shares.
Each whole Warrant is exercisable for one Common Share at a price of
$0.65 per Common Share, expiring on January 20, 2012.
SOURCE VIQ Solutions Inc.
For further information:
Moira Simo, VP Compliance at 416-350-5049.