(TSX VENTURE EXCHANGE: CPS)
EDMONTON, Feb. 13, 2015 /CNW/ - Kluskus Holdings Ltd.
("Kluskus") an entity controlled by John K.
Assman, acquired 5,561,339 common shares (each a "Share") of
Claim Post Resources Inc. ("CPS") and 2,220,801 warrants of CPS
entitling the holder to purchase an equivalent number of Shares
(each a "Warrant") pursuant to a distribution in specie by
Continental Transportation Sales & Leasing Limited Partnership
("CTSL LP"), another entity controlled by Mr. Assman, amongst all
of its nine limited partners, of which Kluskus is one.
As a result, Kluskus owns approximately 11.7% of the 121,083,908
issued and outstanding Shares of CPS as at the date of such
acquisitions. In addition, Kluskus owns 2,845,801
Warrants. If Kluskus were to exercise all such Warrants,
Kluskus would then own, assuming no other changes, 13.7% of what
would then be 123,929,708 issued and outstanding Shares. Mr.
Assman also personally holds 550,000 options to acquire Shares,
which if exercised along with the Warrants, Mr. Assman would then
own, assuming no other changes 14.1% of what would then be
124,479,709 issued and outstanding Shares. 400,000 of such
options were granted prior to the press release filed on SEDAR
February 1, 2013.
These details update information previously disclosed by Mr.
Assman by way of press release filed on SEDAR February 1, 2013.
Mr. Assman's interest in CPS is for investment purposes
only. Mr. Assman and Kluskus have no current intention of
making a take-over bid for CPS. Mr. Assman and Kluskus
reserve the right from time to time to purchase additional Shares
or to dispose of Shares held by Kluskus and/or Mr. Assman.
SOURCE Claim Post Resources Inc.