VANCOUVER, BC, July 4, 2024
/CNW/ - ECC Ventures 6 Corp. (the "Company" ) (TSXV:
ECCS.P) is pleased to announce that Scott
Ackerman has been appointed as a director of the Company,
replacing Nathan Durno, who has
resigned as a director of the Company.
In addition, an aggregate of 1,800,000 founder's shares
currently held in escrow have been transferred within escrow to
Scott Ackerman, and Peter Dickie, the CEO of the Company (the
"Escrow Transfer"), and a total of 160,000 incentive stock
options (the "Options") were granted to Scott Ackerman, with each option exercisable for
one common share at a price of $0.16
per share, until July 3, 2034.
The Company wishes to thank Nathan
Durno for his service to the Company.
Early Warning Disclosure
Prior to the Escrow Transfer, Scott
Ackerman, with an address in Vancouver, British Columbia, owned and
controlled no common shares nor stock options of the Company.
Following the Escrow Transfer and the grant of the Options,
Scott Ackerman owns and controls
1,000,000 common shares, acquired at a price of $0.05 per common share, and 160,000 Options,
representing approximately 17.70% of the outstanding common shares
on a non-diluted basis and approximately 19.97% on a partially
diluted basis assuming exercise of his Options.
Prior to the Escrow Transfer, Peter
Dickie, with an address in Vancouver, British Columbia, owned and
controlled 100,000 common shares and 245,000 incentive stock
options of the Company, representing approximately 1.77% of the
outstanding common shares on a non-diluted basis and approximately
5.85% of a partially diluted basis assuming exercise of his stock
options. Pursuant to the Escrow Transfer, Peter Dickie acquired an additional 800,000
common shares of the Company at a price of $0.05 per common share. Following the Escrow
Transfer, Peter Dickie owns and
controls 900,000 common shares of the Company and 245,000 stock
options, representing approximately 15.93% of the issued and
outstanding common shares of the Company on an undiluted basis and
approximately 19.42% on a partially diluted basis assuming exercise
of his stock options.
Prior to the Escrow Transfer, Nathan
Durno, with an address in Vancouver, British Columbia, owned and
controlled 1,800,000 common shares and 160,000 incentive stock
options of the Company. Following the Escrow Transfer and
cancellation of his stock options, Nathan
Durno owns and controls no common shares nor stock options
of the Company.
The Company has been advised that the securities noted above
were disposed of by Nathan Durno,
and acquired by Scott Ackerman and
Peter Dickie, for investment
purposes, and neither have any present intention to acquire further
securities of the Company, although they may, in the future,
acquire or dispose of securities of the Company through the market
or otherwise, as circumstances or market conditions warrant.
To obtain a copy of the early warning reports filed under
applicable Canadian provincial securities legislation, please go to
the Company's profile on SEDAR+ at www.sedarplus.ca or please reach
out to Scott Ackerman at
778-331-8505.
On Behalf of the Board of Directors of ECC
Ventures 6 Corp.
Peter Dickie
Director
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements
This news release includes forward-looking statements that
are subject to risks and uncertainties. All statements within,
other than statements of historical fact, are to be considered
forward looking. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include market prices, continued
availability of capital and financing, and general economic, market
or business conditions. There can be no assurances that such
statements will prove accurate and, therefore, readers are advised
to rely on their own evaluation of such uncertainties. We do not
assume any obligation to update any forward-looking
statements.
SOURCE ECC Ventures 6 Corp.
