15:26:23 EST Sat 28 Jan 2023
Enter Symbol
or Name
USA
CA



Marble Financial Inc
Symbol MRBL
Shares Issued 93,595,153
Close 2022-12-06 C$ 0.08
Recent Sedar Documents

Marble investor Scharfe increases shareholding to 16%

2022-12-06 17:23 ET - News Release

Mr. Brad Scharfe of Scharfe Holdings reports

Scharfe Holdings Inc. (SHI) of No. 488, 1090 West Georgia St., Vancouver, B.C., has provided the following with respect to the common shares of Marble Financial Inc. (the issuer), a company having an address at Suite 404, 999 Canada Place, Vancouver, B.C., V6C 3E2.

On Nov. 28, 2022, SHI participated in a private placement of securities from the issuer's treasury, and acquired ownership and control over 6,710,245 units of the issuer. Each unit comprised one share and one-half of a warrant to acquire a share at an exercise price of 11 cents. SHI's securityholding percentage (including joint actors) in the shares increased from 9.7 per cent prior to the transaction to 16.0 per cent after the transaction.

Immediately before the transaction, SHI and joint actors held 8,957,702 shares, 875,884 warrants and 1,101,667 restricted warrants of the issuer, representing a securityholding percentage in the shares of 9.7 per cent. Immediately after the transaction, SHI and joint actors held 15,667,947 shares, 4,231,006 warrants and 1,101,667 restricted warrants of the issuer, representing a securityholding percentage in the shares of 16.0 per cent.

The consideration paid for the acquired securities was seven cents per unit or $469,717.15 in total. SHI acquired the acquired securities for investment purposes. In the future, SHI may acquire additional securities of the issuer or dispose of securities of the issuer through the market or otherwise subject to a number of factors, including, but not limited to, general market and economic conditions, alternative investment and business opportunities, portfolio and liquidity considerations, and other circumstances.

A copy of Form 62-103F1 -- Early Warning Report in respect of the transaction may be obtained on-line on SEDAR under the issuer's SEDAR profile or from Brad Scharfe at 778-386-1313.

© 2023 Canjex Publishing Ltd. All rights reserved.