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Red Roof Capital Inc. Acquires Shares from 1261648 B.C. Ltd.
RRC ) announced today that it has acquired (the
Acquisition ) 1,500,000 common shares (the
Purchased Shares ) of 1246775 B.C. Ltd. (
775 ) from 1261648 B.C. Ltd. (
648 ) at a price of $0.00003 per Purchased Share for an aggregate purchase price of $45 pursuant to a share purchase agreement entered into between RRC and 648 on March 31, 2021:
Prior to the Acquisition, RRC held nil (0%) common shares of 775. As a result of the Acquisition, RRC now holds 1,500,000 (50%) common shares of 775. RRC acquired the Purchased Shares for private investment purposes and may increase or decrease its beneficial ownership or control in 775 as circumstances or market conditions warrant. ....

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