Richbert Agencies S.A. announces purchase of shares of Sheltered Oak
Resources Corp.
The acquisition represents 4.8% of the issued and outstanding common shares of Sheltered Oak as at
The Common Shares of Sheltered Oak were acquired by Richbert for investment purposes. Richbert may, from time to time, acquire additional common shares of Sheltered Oak, dispose of some or all of such common shares or may continue to hold such common shares.
Richbert had previously held 5,500,000 Common Shares of Sheltered Oak and 2,750,000 Warrants. Richbert therefore owns 16.4% of the issued and outstanding Common Shares. Assuming the exercise of Richbert's 5,000,000 Warrants and together with all of its joint actors, Richbert and its joint actors would own in the aggregate 13,239,831 Common Shares representing 25.1% of the then issued and outstanding Common Shares.
About Sheltered Oak Resources Corp.
Sheltered Oak Resources Corp. (TSX-V: OAK) is the parent company of Sheltered Oak Resources Inc., an Ontario corporation with its head office located in Oakville, Ontario. Sheltered Oak Resources Inc. is a junior mineral exploration corporation.
For further information: For further information: or a copy of the early warning report, please contact Barbara Elkin by telephone at (441) 293-2565
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