Daytona shares purchased by Robert Berven
Daytona Energy Corp DYT
Shares issued 2,154,508 Jan 4 close $0.12
Wed 5 Jan 100 News Release
Mr. John Tarrant reports
Robert Berven has acquired 2,287,500 shares in the capital of Daytona
Energy by way of a private placement, sale of resource properties and on
market purchases. The shares represent 13.11 per cent of the issued and
outstanding shares of the company. In addition, Mr. Berven has an interest
in 300,000 warrants. On a partly-diluted basis, this would represent 14.58
per cent of the issued and outstanding shares of the company. The warrants
may be exercised at 15 cents per share on or before Oct. 14, 2000, or 20
cents per share on or before Oct. 14, 2001.
Mr. Berven has acquired these securities for investment purposes. It is his
intention to evaluate the investment and to increase and decrease his
shareholdings as circumstances require.
Mr. Tarrant further reports
Following the recent issue of 13,333,333 shares by the company through two
private placements and a property acquisition, Robert Lewicki's
shareholding in Daytona Energy has been diluted and he has ceased to have
an interest in more than 10 per cent of the company's shares.
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