TORONTO, Oct. 1 /CNW/ - Northern Rivers Innovation Fund LP (the "Fund")
announced that it has acquired common shares of WebTech Wireless Inc.
("WebTech"). As a result of the acquisition, the Fund owns 6,079,550 common
shares of WebTech, representing approximately 10.50% of the issued and
outstanding common shares of WebTech.
The common shares of WebTech were purchased by the Fund on the Toronto
Stock Exchange. The Fund acquired the common shares for investment purposes
only. Depending on market and other conditions, the Fund may from time to time
in the future increase or decrease its ownership, control or direction over,
or exercise its current rights to acquire, the common shares or other
securities of WebTech, through market transactions, private agreements or
For further information:
For further information: Scott Laskey, Northern Rivers Innovation Fund
LP, Tel: (416) 597-0894, Fax: (416) 597-8926