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EBX: 63X Master Fund Announces the Acquisition of Approximately 10.2% of Ventana Gold Corp.
| Source: EBX Group
RIO DE JANEIRO, BRAZIL--(Marketwire - July 20, 2009) - 63X Master Fund ("63X"), of Unlgand
House, Grand Cayman, KY1-1104, Cayman Islands, announces pursuant to
National Instrument 62-103 that it acquired ownership and control of
8,210,900 common shares of Ventana Gold Corp. ("Ventana") in a private
purchase from Ventana from common shares in treasury. The common shares
purchased by 63X represent in aggregate approximately 10.2% of the
80,382,000 issued and outstanding common shares of Ventana reported by the
Toronto Stock Exchange and Bloomberg.
Prior to the share acquisition, 63X did not own any common shares of
Ventana; accordingly, as a result of this acquisition of common shares from
Ventana, 63X now exercises ownership and control over a total of 8,210,900
common shares of Ventana, representing approximately 10.2% of the issued
and outstanding common shares of Ventana as noted above. 63X paid cash
consideration of C$4.0128 per share of Ventana, for aggregate consideration
of C$32,948,699.
The share acquisition by 63X was made for investment purposes only. 63X
may, in the future, acquire ownership and control over additional
securities of Ventana for investment purposes, but has no current intention
to do so.
63X is not currently a party to any agreement in respect of the
acquisition, holding, disposition or voting of any securities of Ventana.
63X does not own or control any securities of Ventana with, nor is 63X a
joint actor with, another entity.