INVESTMENTS OF MACQUARIE GROUP LIMITED IN PMI GOLD CORPORATION
TORONTO, Oct. 14 /CNW/ - Macquarie Group Limited ("Macquarie") announces that, due to the recent acquisition of 18,877,910 common shares via private placement, it now has ownership of 52,211,243 common shares and 3,900,000 warrants of PMI Gold Corporation ("PMI"), each warrant convertible into one common share. To Macquarie's knowledge, this represents approximately 19.78% of the issued and outstanding shares of PMI, on a partially-diluted basis.
Macquarie has acquired the shares for investment purposes only. Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of PMI through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.
For further information: For further information: Stephen Yan at 212.231.1310
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