LONDON, United Kingdom, Oct. 13, 2015 /CNW/ – Richard Hains today announced that on October 9, 2015 he acquired beneficial ownership of an additional 1,000,000 common shares of RTG Mining Inc. (RTG) at an average price of $0.44977 Canadian dollars. The common shares were acquired on the Toronto Stock Exchange.
Mr. Hains now controls 20,214,359 common shares, or 15.06% of RTG’s issued and outstanding common shares on a diluted basis. Of the 20,214,359 common shares, Mr. Hains will own and control 19,455,859 common shares, or 14.49% of RTG’s issued and outstanding common shares on a diluted basis.
The common shares were acquired for investment purposes and Mr. Hains may from time to time increase or decrease his holdings of common shares or other securities of RTG.
A copy of the early warning report being filed by Mr. Hains with the applicable securities regulators will be available on SEDAR (www.sedar.com).