Michael Kott Acquires Common Shares of Pinnacle Silver and Gold Corp.
Michael Kott announces that his security holding percentage in the common shares (each, a "Share") of Pinnacle Silver and Gold Corp. (the "Company"), following the acquisition of 800,000 Shares of the Company in the open market on July 14th (the "Transaction") is approximately 13.72% on a partially diluted basis. Immediately prior to the completion of the Transaction, Mr. Kott owned and controlled 10,371,999 Shares, representing approximately 12.73 % of the then-outstanding Shares on a partially diluted basis.
Pursuant to the Transaction, Mr. Kott acquired control and ownership over an additional 800,000 Shares, resulting in control and ownership over a total of 11,171,999 Shares.
Mr. Kott acquired the Shares for investment purposes. Mr. Kott may, depending on various factors, including, without limitation, market and other conditions, increase or decrease his beneficial ownership, control or direction over Shares or other securities of the Company.
For further information, please contact:
Michael Kott
kott@cm-equity.de
This news release is issued pursuant to the early warning requirements of applicable securities laws. A copy of the Early Warning Report will appear on the Company's profile on the SEDAR+ website at www.sedarplus.ca. A copy of the Early Warning Report may also be obtained by contacting closingbellservices@gmail.com.
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