GRQ Investments Inc. to Acquire Further Class A Common Shares of Snow Leopard Resources Inc.
GRQ and Lauchlin A. Lyons act jointly or in concert under applicable securities laws with respect to ownership of common shares of Snow Leopard. These parties currently hold an aggregate of 7,583,048 Class A common shares of Snow Leopard (23.27 percent of the currently outstanding Class A common shares) warrants/options to acquire a further 811,546 Class A common shares of Snow Leopard; and 461,700 Class B Subordinate Voting Shares (33.11 percent of the currently outstanding Class B Subordinate Voting Shares).
GRQ is acquiring the Class A common shares of Snow Leopard in order to increase its ownership position. -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.
CONTACT: GRQ Investments Inc.
Lauchlin A. Lyons, 403/265-4377
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|Date:||Oct 14, 1997|
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