CALGARY, Oct. 14, 2015 /CNW/ - On October 9, 2015, Matco Investments Ltd. ("Matco") acquired beneficial ownership and control of 3,402,000 common shares in the capital of Yellowhead Mining Inc. (the "Corporation") representing approximately 2.75% of the issued and outstanding common shares of the Corporation ("Common Shares"). Immediately after the acquisition, Matco beneficially owns and controls 47,846,445 Common Shares, representing approximately 38.66% of the issued and outstanding Common Shares.
The acquisition of Common Shares by Matco was made for investment purposes. Matco may from time to time dispose of, or acquire, additional securities of the Corporation.
This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions in which the Corporation is a reporting issuer containing information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear with the Corporation's documents on the System for Electronic Document Analysis and Retrieval and may be obtained upon request from Ryan Jennings at (403) 294-0101.
SOURCE Matco Investments Ltd.
For further information: Ryan Jennings, (403) 294-0101