VANCOUVER, Jan. 10, 2018 /CNW/ - Golden Secret
Ventures Ltd. (the "Company") (TSXV:GGS)
has been advised of recent transactions by Brian Paes-Braga and his related entities
pursuant to the early warning requirements of applicable securities
laws in Canada with respect to his
security holdings in the Company.
Pursuant to the exercise of 2,000,000 share purchase warrants,
Brian Paes-Braga acquired 1,000,000
common shares of the Company directly and 1,000,000 common shares
of the Company indirectly.
Prior to this transaction, Mr. Paes-Braga held, directly and
indirectly and exercised control over, an aggregate of 2,410,000
common shares representing 7.70% of the issued and outstanding
shares of the Company and would have held, directly and indirectly
and exercised control over, 4,410,000 common shares representing
13.24% of the issued and outstanding shares on a partially diluted
basis assuming the exercise of 2,000,000 share purchase
warrants. Immediately after this transaction, Mr. Paes-Braga
holds, directly and indirectly and exercises control over, an
aggregate of 4,410,000 common shares representing 13.24% of the
issued and outstanding common shares of the Company.
Mr. Paes-Braga and his related entities acquired these
securities for investment purposes and, as disclosed in the Early
Warning Report filed on SEDAR, Mr. Paes-Braga and his related
entities may, in the future, acquire or dispose of securities of
the Company through the market, privately or otherwise, as
circumstances or market conditions warrant.
For additional information, or for a copy of the Early Warning
Report filed in respect of the above transaction, please contact
the Corporate Secretary of the Company at (604) 609-6125.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDEN SECRET VENTURES LTD.
"Christy Louth"
DIRECTOR
NEITHER TSX
VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
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THIS NEW RELEASE
MAY CONTAIN FORWARD-LOOKING STATEMENTS. THESE STATEMENTS ARE
BASED ON CURRENT EXPECTATIONS AND ASSUMPTIONS THAT ARE SUBJECT TO
RISKS AND UNCERTAINTIES. ACTUAL RESULTS COULD DIFFER MATERIALLY
BECAUSE OF FACTORS DISCUSSED IN THE MANAGEMENT DISCUSSION AND
ANALYSIS SECTION OF OUR INTERIM AND MOST RECENT ANNUAL FINANCIAL
STATEMENT OR OTHER REPORTS AND FILINGS WITH THE TSX VENTURE
EXCHANGE AND APPLICABLE CANADIAN SECURITIES REGULATIONS. WE
DO NOT ASSUME ANY OBLIGATION TO UPDATE ANY FORWARD-LOOKING
STATEMENTS EXCEPT AS REQUIRED BY LAW.
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SOURCE Golden Secret Ventures Ltd.