this just in!
This is a great vote of confidence...
Everything this guy has been involved with throughout his career has turned into gold...no pun intended. He's been very successful, has made millions.
Roxmark investor Cunningham exercises warrants
2006-10-19 14:53 ET - News Release
Mr. Philip Cunningham reports
PHILIP F. CUNNINGHAM FILES EARLY WARNING REPORT FOLLOWING EXERCISE OF WARRANTS OF ROXMARK MINES LIMITED (CNQ: RMKL)
Philip F. Cunningham, 56 Hazelton Ave., Toronto, Ont., M5R 2E2, has acquired ownership and control of 8,334,000 common shares of Roxmark Mines Ltd., representing approximately 6.7 per cent of all issued and outstanding common shares of Roxmark. The 8,334,000 common shares were acquired upon exercise of 8,334,000 common share purchase warrants at a price of 17 cents per share, for total proceeds of $1,416,780 to Roxmark.
Immediately after the acquisition, completed pursuant to a private transaction outside of any market or other facility, Mr. Cunningham held a total of 21,668,000 common shares of Roxmark and rights to acquire up to an additional 15.25 million common shares of Roxmark upon exercise of convertible securities, representing, in total, approximately 17.62 per cent and 26.71 per cent of the issued and outstanding common shares of Roxmark, respectively, calculated on a non-diluted and partially diluted basis.
Philip F. Cunningham has been a director of the company since August 2004 and Chairman since May 2005. Mr. Cunningham is executive vice president of Mackenzie Financial Corporation and chairman of Mackenzie Financial Services Inc. He joined the Mackenzie organization in 1982. |
