TSX-V SYMBOL: PIG
MONT-TREMBLANT, QC, Aug. 5 /CNW Telbec/ - André Poirier announces that it
has privately acquired as, via the intermediary of Développement Sydema Inc.,
the ownership of 6,500,000 common shares of Pigboss Suivi croissance Inc. /
Pigboss Follow-up Growth Inc. (hereinafter, "Pigboss") (hereinafter, the
"Common Shares"). The securities are acquired in consideration of guarantees
and suretyships. On a non-diluted basis, this holding represents 14.26% of
Pigboss Common Shares issued and outstanding as of July 3, 2009. On a diluted
basis, assuming the exercise of 112,375 stock warrants of Pigboss held by
André Poirier, his holdings would be of 14.51% of the Common Shares issued and
outstanding of Pigboss as of July 3, 2009.
As of this day, and after giving effect to the acquisition of 6,500,000
Common Shares of Pigboss, André Poirier directly and indirectly holds
6,724,750 Common Shares of Pigboss. On a non-diluted basis, André Poirier
currently holds 14.75% of Common Shares of Pigboss issued and outstanding as
of July 3, 2009. On a diluted basis, assuming the exercise of 112,375 stock
warrants of Pigboss held by André Poirier, he would hold 15% of the Common
Shares of Pigboss issued and outstanding as of July 3, 2009.
The Common Shares of Pigboss are listed on the TSX Venture Exchange under
the symbol PIG.
The Pigboss securities held by André Poirier, either directly or through
allies, are for investment purposes. These investments shall be reviewed
periodically and the holdings of André Poirier may be increased or decreased
in the future, as deemed appropriate.
André Poirier and Développement Sydema Inc. are subject to the terms and
conditions of Form 5D Escrow Agreement (select: Value Security/Surplus
Security) dated March 28, 2008 between Pigboss, Computershare Investor
Services Inc. and some shareholders of Pigboss.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: André Poirier, (819) 808-1143