Ventana Announces Increase in Ownership by 63Xadmin
Ventana Gold Corp. announce that 63X Master Fund (“63X”), its largest shareholder, has acquired ownership and control of an additional 1.1 million common shares of Ventana through the facilities of the Toronto Stock Exchange, bringing its aggregate ownership in Ventana to 19,306,000 common shares. 63X paid cash consideration of $10.62 per share, for aggregate consideration of $11,682,000.
Ventana Chairman Richard Warke said: “We are pleased to see 63X increase its position in our company. This demonstrates their confidence in the value of our assets and the strength of our business plan. As our largest shareholder, they have shown tremendous support to our Board and management team.”