/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/
TORONTO, April 10, 2019 /CNW/ - Trexs Investments, LLC ("Trexs") announced today that, in connection with the closing of the initial stage of the first tranche of a private placement (the "Private Placement") of contingent value rights certificates and unsecured 0.025% interest-bearing promissory notes due June 30, 2028 of Eco Oro Minerals Corp. (the "Company"), certain outstanding promissory notes of the Company were amended so that they are no longer convertible into common shares ("Shares") of the Company. Accordingly, Trexs no longer holds any securities that are convertible into Shares and only has beneficial ownership and control over 10,608,225 Shares, which represents less than 10% of the issued and outstanding Shares.
Trexs holds the Shares and other securities of the Company for investment purposes. Trexs may from time to time acquire additional securities of the Company, dispose of some or all of such securities or maintain its current securities position in the Company.
This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers which requires a report to be filed under the REIT's profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters. A copy of such report may be obtained by contacting Trexs Investments, LLC at (212) 918-5300.
SOURCE Trexs Investments, LLC
For further information: The name and address of the offeror filing the report is: Trexs Investments, LLC, 850 New Burton Road, Suite 201, Dover, Delaware, 19904