Routemaster becomes Sulliden Mining largest shareholder

Routemaster Capital Inc. (TSX-V: RM) has acquired 4,100,000 common shares of Sulliden Mining Capital Inc. (TSX: SMC) at a price of $0.30 per common share for an investment of $1,230,000.

Following the share acquisition, Routemaster, becomes Suliiden’s largest shareholder, holding an aggregate of 6,621,500 common shares which represents 18% of the issued and outstanding Sulliden common shares.

As of December 11, 2016, Stan Bharti, Chairman of Sulliden and Executive Chairman of Forbes & Manhattan, Inc., was the largest shareholder controlling 4,281,620 common shares or approximately 11.6% of the issued and outstanding shares.

Sulliden Mining Capital Inc. is focused on generating value through the acquisition and development of quality mining projects in the Americas, in addition to identifying opportunities across industries for active investments.

Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of enhancing shareholder value.

photo credit: Sulliden Mining Capital

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.