/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES/
MONTREAL, Oct. 27, 2017 /CNW Telbec/ - Sentient Executive GP IV, Limited ("Sentient IV") announces that it has acquired control over 910,969 common shares (the "Purchased Shares") of LeadFX Inc. ("LeadFX") by way of private placement at a price of $0.80 per Purchased Share. The Purchased Shares, together with common shares of LeadFX acquired since March 24, 2016, represent approximately 3.67% of the outstanding common shares of LeadFX (the "LeadFX Shares").
Prior to the acquisition of the Purchased Shares, Sentient IV had control over 12,013,612 LeadFX Shares, representing approximately 30.41% of the then outstanding LeadFX Shares. Immediately after the acquisition of the Purchased Shares, Sentient IV has control over 12,924,581 LeadFX Shares, representing approximately 31.23% of the outstanding LeadFX Shares.
Sentient IV acquired the Purchased Shares for investment purposes only and not with a view to materially affecting control of LeadFX. Depending upon market conditions and other factors, Sentient IV may, from time to time, acquire or dispose of additional securities of LeadFX, in the open market, by private agreement or otherwise, or acquire interests in or enter into related financial instruments involving a security of LeadFX.
The head office address of LeadFX is 1 Adelaide Street East, Suite 3001, Toronto, Ontario, M5C 2V9.
SOURCE Sentient Executive GP IV, Limited
For further information: or to obtain a copy of the Early Warning Report filed by Sentient IV, please contact Sue Bjuro at (345) 946-0933.