ACQUISITION OF SHARES OF ROADKING TRAVEL CENTRES INC. ("ROADKING")
04 November 2010 - 8:56AM
PR Newswire (Canada)
ST ALBERT, AB, Nov. 3 /CNW/ -- ST ALBERT, AB, Nov. 3 /CNW/ -
Further to disclosure requirements of applicable securities laws,
Greg Spicer, on behalf of Spicer Capital Management Group Inc.
("Spicer Capital"), an entity he owns and controls, reports that on
November 2nd, 2010, in a private transaction, it purchased (the
"Acquisition") 3,980,918 common shares of Roadking at a price of
$0.065 per common share. Immediately after the transaction, Greg
Spicer, the CEO, President and Interim CFO of Roadking, has
beneficial ownership and legal control of 1,828,171 common shares
in the share capital of Roadking and Spicer Capital beneficially
owns or has legal control of 3,980,918 common shares in the share
capital of Roadking. As a result, immediately after the
transaction, Greg Spicer and Spicer Capital, in aggregate, have
beneficial ownership or legal control of 5,809,089 common shares or
approximately 12.39% of the total issued and outstanding common
shares in the share capital of Roadking, calculated on a fully
diluted basis. The common shares were purchased for investment
purposes. Greg Spicer and Spicer Capital continually review its
investment alternatives and may purchase additional securities of
Roadking from time to time in accordance with applicable securities
laws. This press release is issued pursuant to Multilateral
Instrument 62-103 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 Roadking's documents on the SEDAR website, at
www.sedar.com. Spicer Capital Management Group Inc. (signed) "Greg
Spicer" Greg Spicer, President "The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this release" p align="justify"Mr. Greg Spicer,
President, Spicer Capital Management Group Inc./p p
align="justify"Telephone: (780) 458-4966br/
Facsimile: (780) 419-6765br/ e-mail: a
href="mailto:gspicer@roadking.ca" cr="true"gspicer@roadking.ca/a/p
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