TORONTO, April 8 /CNW/ - Macquarie Group Limited ("Macquarie") announces that, through Macquarie Bank Limited, a wholly-owned subsidiary of Macquarie, it has acquired beneficial ownership of 33,333,333 common shares of PMI Gold Corporation ("PMI").
The above acquisition increases Macquarie's beneficial share ownership in PMI to 33,333,333 common shares, representing, to Macquarie's knowledge, approximately 13.36% of the issued and outstanding shares of PMI, on a partially-diluted basis.
Macquarie has acquired the shares for investment purposes only. Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of PMI through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.
SOURCE MACQUARIE GROUP
For further information: For further information: Stephen Yan, (212) 231-1310