Mr. Dean Swanberg Announces Disposition of Securities of Zedcor Inc.

Rhea-AI Summary

Dean Swanberg has announced the disposition of 1,000,000 common shares of Zedcor Inc. (TSXV:ZDC) through a private transaction on July 9, 2025. The shares were sold at $4.15 per share, totaling $4,150,000.

Following the transaction, Swanberg's ownership position decreased from 20,000,000 shares (19.0%) to 19,000,000 shares (18.1%) of Zedcor's outstanding common shares on a non-diluted basis. The disposition was made for investment purposes, and Swanberg may continue to trade Zedcor securities based on market conditions.

Positive

• None.

Negative

• Major shareholder reduced position by 1 million shares, potentially signaling decreased confidence
• The private transaction of $4.15 million worth of shares could impact stock liquidity

Grande Prairie, Alberta--(Newsfile Corp. - July 9, 2025) - Mr. Dean Swanberg announces that on July 9, 2025, he disposed of ownership over 1,000,000 common shares (the "Common Shares") of Zedcor Inc. ("Zedcor") through a private transaction. Each share was sold at $4.15 for an aggregate sales price of $4,150,000. The Common Shares of Zedcor are listed on the TSX Venture Exchange under the trading symbol ZDC.

As a result of the foregoing, Mr. Swanberg now beneficially owns and has direction or control over a total of 19,000,000 Common Shares of Zedcor, representing 18.1% of Zedcor's issued and outstanding Common Shares on a non-diluted basis.

Prior to the disposition of Common Shares, Mr. Swanberg held or had control or direction over 20,000,000 Common Shares, representing approximately 19.0% of the issued and outstanding Common Shares of Zedcor on a non-diluted basis.

The securities were sold for investment purposes. Mr. Swanberg may from time to time, depending on market conditions and other factors, acquire additional securities of Zedcor, or continue to hold or dispose of some or all of the securities of Zedcor directly or indirectly held by him in the open market, by private agreement or otherwise.

For further details regarding the disposition of the Common Shares described above, see the Early Warning Report dated July 9, 2025 available on Zedcor's SEDAR+ profile.

The address of Zedcor is 300, 151 Canada Olympic Road SW, Calgary, Alberta T3B 6B7. The address of Mr. Swanberg is 720058 Range Road 51, County of Grande Prairie No. 1, Alberta T8X 4G1.

FOR FURTHER INFORMATION OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED IN CONNECTION WITH THIS MATTER, PLEASE CONTACT:

Dean Swanberg

Email: dean@zedcor.ca

Telephone: 780-876-2354

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258347

FAQ

How many Zedcor (ZDCAF) shares did Dean Swanberg sell on July 9, 2025?

Dean Swanberg sold 1,000,000 common shares of Zedcor at $4.15 per share, totaling $4,150,000.

What is Dean Swanberg's current ownership percentage in Zedcor after the share sale?

After the transaction, Dean Swanberg owns 19,000,000 shares, representing 18.1% of Zedcor's outstanding common shares on a non-diluted basis.

What was the per-share price of the Zedcor private transaction?

The shares were sold at $4.15 per share in a private transaction.

Why did Dean Swanberg sell Zedcor (ZDCAF) shares?

According to the announcement, the securities were sold for investment purposes. Swanberg may continue to trade Zedcor securities based on market conditions.

How much did Dean Swanberg's ownership percentage in Zedcor decrease?

Dean Swanberg's ownership decreased from 19.0% to 18.1%, representing a 0.9% reduction in ownership stake.