Alert Released in Accordance with National Instrument 62-103
Coloured Ties Capital Inc. Announces Increased Ownership by Director Kulwant (Kal) Malhi
In a recent press release, Coloured Ties Capital Inc. (CTC) announced an increase in ownership by Kulwant (Kal) Malhi, the Acquiror who serves as a director and Chairman of the company. The announcement was made in connection with an Early Warning Report about the acquisition of securities of Coloured Ties Capital Inc.
The press release, issued on August 12, 2025, was provided by Newsfile via QuoteMedia and can be found at this link.
Following the grant of 580,000 restricted share units (RSUs) on May 23, 2025, Malhi's ownership in Coloured Ties Capital Inc. increased significantly. On a non-diluted basis, Malhi now holds 15.01% of the company, and on a partially diluted basis, his ownership stands at 32.74%.
The RSU grant has resulted in Malhi holding a total of 2,617,700 common shares, 1,113,384 warrants, 700,000 share options, and 1,280,000 RSUs (including the newly granted 580,000 RSUs). The total common shares outstanding in Coloured Ties Capital stand at 17,442,491 following the RSU grant.
Each RSU entitles Malhi to acquire one common share in the company. It's important to note that the Acquiror may increase or decrease its ownership of the Issuer's securities, subject to various factors.
The Issuer's head office is located at Suite 1500-1055 West Georgia Street, Vancouver, BC V6E 4N7. Malhi's address is 10589 Ladner Trunk Road, Vancouver, BC V4K 3N3.
The Early Warning Report was filed under Canadian securities laws, and the contact information for Kulwant (Kal) Malhi is:
- Email: [email protected]
- Telephone: 604-805-4602
The press release was issued in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and National Instrument 62-104 - Take-Over Bids and Issuer Bids.
For more information, please refer to the full press release on the Newsfile website.
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