TORONTO, ONTARIO--(Marketwired - Nov. 8, 2013) - Anthony Roodenburg, of Toronto, Ontario, a director and officer of Greencastle Resources Ltd. ("Greencastle" of the "Company"), announces that he has acquired ownership and control of 700,000 common shares of Greencastle through market purchases. Prior to this acquisition, Mr. Roodenburg held, directly and indirectly, an aggregate of 4,270,116 common shares of Greencastle.
There are currently approximately 46,182,671 common shares of Greencastle issued and outstanding. Mr. Roodenburg has ownership and/or control and direction over, an aggregate (both directly and indirectly) of 4,970,116 common shares of the Company on an undiluted basis, representing 10.76% of the issued and outstanding common shares of the Company. Mr. Roodenburg owns and/or exercises control or direction over 1,510,000 options of Greencastle exercisable into common shares. Assuming the exercises of these convertible securities Mr. Roodenburg would own and/or exercise control or direction over, an aggregate total of 6,480,116 common shares or approximately 14.03% of the issued and outstanding common shares of the Company on a partially diluted basis.
Mr. Roodenburg acquired the securities for investment purposes and he may make additional investment in or dispositions of securities of the Company, depending on price, availability and general market conditions.
A copy of the Early Warning Report filed under applicable Canadian provincial securities legislation in connection with Mr. Roodenburg's shareholdings in Greencastle may be found at www.sedar.com under Greencastle's profile.
Contact Information:
(416) 367-4571 x 233