VANCOUVER, Nov. 1, 2013 /CNW/ - Shan Ashary, of 7th Floor, Al Jomaih Building, Old Airport Road, Riyadh-11514, Kingdom of Saudi Arabia, announces pursuant to National Instrument 62-103 that on September 9, 2013 he acquired direct ownership and control of 250,000 common shares of Curis Resources Ltd. ("Curis") for $0.65 per common share
Mr. Ashary exercises direct control and ownership of 594,444 common shares of Curis.
Mr. Ashary has indirect control over a total of 500,000 common shares of Curis owned directly by Mr.Abdulaziz Hamad Aljomaih.
Mr. Ashary is an officer of Springleaf Enterprises Inc. ("Springleaf"). As an officer of Springleaf, Mr. Ashary has indirect control over a total of 6,202,500 common shares of Curis owned directly by Springleaf, representing 9.83% of the issued and outstanding common shares of Curis on September 9, 2013.
As a result of the acquisition of common shares on September 9, 2009, Mr. Ashary exercises ownership and control, directly and indirectly, over a total of 7,296,944 common shares of Curis, which in aggregate represent approximately 11.56% of the issued and outstanding common shares of Curis on September 9, 2013.
The acquisition was made for investment purposes. Mr. Ashary may, in the future, acquire ownership and control over additional securities of Curis for investment purposes.
Mr. Ashary is not currently a party to any agreement in respect of the acquisition, holding, disposition or voting of any securities of Curis.
Except as described in this news release, Mr. Ashary does not own or control any securities of Curis with, nor is Mr. Ashary a joint actor with, another entity.
SOURCE: Shan Ashary
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For more information, or to obtain a copy of the subject early warning report, please go to the Curis Resources Ltd. profile on SEDAR website www.sedar.com.