Alnesh Mohan Announces Acquisition of Common Shares of Premier Diversified Holdings Inc. Files Early Warning Report
18 Septiembre 2024 - 5:13PM
Alnesh Mohan ("
Alnesh") announces that he has
filed an early warning report (the "
Early Warning
Report") under National Instrument 62-103 – The Early
Warning System and Related Take-Over Bid and Insider Reporting
Issues in connection with the closing of the previously announced
reverse takeover (the "
Transaction" or the
"
RTO") whereby Alnesh indirectly acquired shares
of Premier Diversified Holdings Inc. (the
"
Company" or "
PDH").
In connection with the RTO (i) AJA Health and
Wellness Ltd. ("AJA") amalgamated with a
wholly-owned subsidiary of the Company, 2564858 Alberta Inc.,
pursuant to the terms of an amalgamation agreement dated June 3,
2024, resulting in an amalgamated Alberta corporation, which is a
wholly-owned subsidiary of the Company; (ii) Assured Diagnosis Inc.
("ADI") amalgamated with a wholly-owned subsidiary
of the Company, 2564891 Alberta Inc., pursuant to the terms of an
amalgamation agreement dated June 3, 2024, resulting in an
amalgamated Alberta corporation, which is a wholly-owned subsidiary
of the Company; and (iii) the Company purchased 1,500,000 shares in
the capital of AJA Therapeutics Inc. ("ATI") from
James Viccars, Elizabeth Bryant Viccars and Deluxe Holdings Inc.,
pursuant to a share purchase agreement dated June 3, 2024,
resulting in ATI being a subsidiary owned by the Company and one of
the Company's subsidiaries. After giving effect to the Transaction,
common shares in the capital of the Company ("Common
Shares") were issued to shareholders of ATI, AJA, and
ADI.
Prior to the Transaction, Alnesh held 8,185
Common Shares personally, and 1,470,785 Common Shares indirectly
through MPIC Fund I LP ("MPIC"). Shares held by
MPIC are controlled by its general partner, Corner Market Capital
US Inc., a partially-owned subsidiary of Corner Market Capital
Corp. Sanjeev Parsad and Alnesh exercise control or direction over
Corner Market Capital Corp. Prior to the completion of the
Transaction, Alnesh had ownership or control over 31% of the issued
and outstanding Common Shares.
On closing of the Transaction, Alnesh holds
8,185 Common Shares personally, and 51,639,942 Common Shares
indirectly through MPIC. As a result of the Transaction, Alnesh has
ownership or control over approximately 60% of the Common Shares on
a non-diluted basis.
Alnesh does not currently have any plan to
acquire or dispose of additional securities of the Company.
However, Alnesh may acquire additional securities of the Company,
dispose of some or all of the existing or additional securities he
holds or will hold, or may continue to hold his current position,
depending on market conditions, reformulations, and/or other
relevant factors.
A copy of the Early Warning Report filed by
Alnesh will be available under the Company's profile on SEDAR+ at
www.sedarplus.ca.
The TSX have not reviewed and do not accept responsibility for
the adequacy or accuracy of the contents of this news release,
which has been prepared by the management of Premier Diversified
Holdings Inc.
CONTACT INFORMATION:
Alnesh Mohan2407 East 38th AvenueVancouver, BC V5R 2T8Telephone:
1-604-678-9115
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