VANCOUVER, Feb. 25 /CNW/ - Mr. Christian de Groot announces that he
acquired ownership and control of 30,000 common shares (the "Shares")
of Waterloo Resources Ltd. ("Waterloo") through the facilities of the
TSX Venture Exchange at $0.45 per Share.
The aggregate of the Shares acquired by Mr. de Groot and common shares
that Mr. de Groot previously held represents 10.2% of Waterloo's issued
and outstanding common shares. Mr. de Groot would have ownership and
control over 1,087,500 common shares, assuming the exercise of warrants
(the "Warrants") held by Mr. de Groot, representing 10.7% of the issued
and outstanding common shares of Waterloo Resources Ltd.
Mr. de Groot acquired the Shares, as the case may be, for investment
purposes, and he intends to evaluate the investment in Waterloo and to
increase or decrease his shareholdings as he may determine for
A copy of the early warning report being filed by Christian de Groot may
be obtained by contacting Sam Wong at 604-628-1161.
SOURCE Christian de Groot
For further information:
Christian de Groot
Suite 1050 625 Howe Street
Vancouver, British Columbia
Canada V6C 2T6