Press Release for Early Warning Report Filed Pursuant to Ni 62–103
Rhea-AI Summary
William Hogan has been appointed as the Chief Executive Officer and director of Nepra Foods Inc. (CSE:NPRA) effective August 9, 2024. Hogan owns or controls 37,285,572 common shares and 10,840,000 warrants, representing approximately 41.84% of outstanding shares on a partially diluted basis. This accounts for about 35.02% when considering the conversion of all Class A multiple voting shares. Hogan's appointment is for business purposes, and he may acquire or dispose of additional securities depending on market conditions and Nepra's prospects. An Early Warning Report will be filed on SEDAR+ in compliance with National Instrument 62-103.
Positive
- William Hogan appointed as CEO and director of Nepra Foods
- Hogan controls 41.84% of outstanding shares (partially diluted basis)
Negative
- None.
News Market Reaction
On the day this news was published, NPRFF gained 0.42%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, BC / ACCESSWIRE / August 12, 2024 / William Hogan announces his appointment as the Chief Executive Officer and director of Nepra Foods Inc. ("Nepra") (CSE:NPRA), effective as of August 9, 2024 (the "Appointment"). Mr. Hogan has filed an early warning report advising of the Appointment. There is no change in the security holdings of Mr. Hogan since the date of the last early warning report filed on July 23, 2024.
Mr. Hogan beneficially owns or otherwise exercises control or direction over 37,285,572 common shares in the capital of Nepra (the "Common Shares") and 10,840,000 warrants to purchase Common Shares ("Warrants"), representing approximately
Mr. Hogan agreed to act as an executive officer and director of Nepra for business purposes. In addition, Mr. Hogan holds securities of Nepra for investment purposes. Mr. Hogan may acquire or dispose of additional Common Shares and/or other equity, dept or other securities or instruments in the open market or otherwise, including pursuant to the exercise of Warrants, and reserves the right, subject to applicable securities law, to dispose of any or all of its securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of Nepra and other relevant factors.
Nepra's head office is located at 7025 S. Revere Parkway, Ste. 100, Centennial, Colorado 80112.
Mr. Hogan's office is located at 13009 S. Parker Road, Box #131, Parker, Colorado 80134.
This press release is issued pursuant to early warning requirements of 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 containing additional information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear with Nepra's documents under its profile on SEDAR+ at www.sedarplus.ca.
For further information, please contact:
David Wood
Chief Operating Officer, Interim CFO and Director
720-933-9019
SOURCE: Nepra Foods
View the original press release on accesswire.com
FAQ
When was William Hogan appointed as CEO of Nepra Foods (NPRFF)?
How many common shares of Nepra Foods (NPRFF) does William Hogan own?
What percentage of Nepra Foods (NPRFF) does William Hogan control on a partially diluted basis?
Where will the Early Warning Report for Nepra Foods (NPRFF) be filed?
