CALGARY, May 20 /CNW/ - Kos Corp. Investments Ltd. ("Kos") announces
that it has acquired, through its wholly owned subsidiary Kos Win Inc.,
1,300,000 class "A" common shares (the "Winalta Shares") of Winalta
Inc. ("Winalta") or 3.24% of total outstanding, through the facilities
of the TSX Venture Exchange. As a result of the transaction, Kos owns
22,185,575 Winalta Shares (55.36%).
Kos acquired and holds the Winalta Shares for investment purposes. Kos
may continue to acquire shares of Winalta for investment purposes.
Kos Corp. Investments Ltd. has filed a report (as contemplated by
National Instrument 62-103 - The Early Warning System) in connection with the acquisition of the Winalta Shares. For further
information, or to obtain a copy of such report, please contact Austin
Fraser, Senior Vice President of Winalta Inc. at (780) 960-6900.
#4 26302 Twp. Rd. 531A
Winalta Inc., operating under the trade name, Winalta Oilfield Rentals,
is an oilfield service provider that specializes in portable industrial
rental accommodations, remote offices and Dedicated Geo Labs; servicing
the Western Canadian Oil and Gas Industry.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Winalta Inc.
For further information:
Austin Fraser, Senior Vice President of Winalta Inc. at (780) 960-6900