ESG GLOBAL IMPACT CAPITAL INC.
1000 – 925 West Georgia Street
For Immediate Release
ESG GLOBAL IMPACT CAPITAL INC. ANNOUNCES OWNERSHIP OF THE COMMON SHARES OF YORKTON VENTURES INC.
VANCOUVER, BC, CANADA – August 31, 2021 ESG Global Impact Capital Inc. (“ESG” or the “Company”) (TSXV: ESGW, OTCQB: ESIFF and Frankfurt: ES3) announces today that on August 27, 2021 it acquired ownership of 1,735,000 common shares (the “Purchased Shares”) in the capital of Yorkton Ventures Inc. (YVI-TSXV) (the “Issuer”), representing approximately 8.22% of the issued and outstanding common shares (the “Common Shares”) in the capital of the Issuer (the “Acquisition”).
The Purchased Shares were acquired privately for $0.25 per Purchased Share in cash, for an aggregate amount equal to C$433,750.
Prior to the Acquisition, the Company owned, or had control or direction over, 1,900,000 Common Shares and 800,000 warrants exercisable at $0.10 per warrant, representing approximately 9.00% of issued and outstanding Common Shares on a partially diluted basis. After the Acquisition, the Company owns, or has control of direction over, 3,635,000 Common Shares and 800,000 warrants, representing approximately 17.28% of the issued and outstanding Common Shares on a partially diluted basis.
The Company acquired the Shares for investment purposes. The Company may from time to time acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the securities of the Issuer.
This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed under the Issuer’s profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters.
To obtain a copy of the early warning report filed by ESG, please contact David Berg, Chief Executive Officer and Director at 604 908-3095 or email@example.com or refer to Issuer’s SEDAR profile at www.sedar.com.
ESG Global Impact Capital Inc. operates as a Canadian investment issuer company. The Board of Directors modified the business plan of the company in 2020 to take into consideration the changing demands of the modern economy and social changes taking place. We are focused on environmental and socially responsible projects.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.