Amalgamated International Holdings SA exercises warrants of Western Geopower
Corp.
After the exercise of the warrants, AIH owns 25,995,543 common shares of WGP and 14,814,815 common share purchase warrants. If all of the warrants are exercised, AIH will have ownership of and control over 40,810,358 common shares of WGP representing approximately 13.3% of WGP's outstanding common shares.
The common shares were acquired from WGP by private transaction pursuant to the exercise of warrants. AIH acquired the common shares for investment purposes, and may in accordance with applicable securities laws, increase or decrease its investment in WGP depending on market conditions and other relevant factors.
For further information: Kizzia Hanchell, Amalgamated International Holdings SA, (242) 362-5997
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