Early Warning News Release Regarding Update to Investment by Salvatore Milia in Christina Lake Cannabis Corp.
Thenewswire·2025-12-12 21:05

Core Viewpoint - Salvatore Milia and the Milia 2008 Family Trust have increased their ownership in Christina Lake Cannabis Corp by acquiring an additional 5,440,541 common shares, reflecting a strategic investment approach in the company [1][2]. Share Acquisition Details - The additional common shares were acquired between April 30, 2025, and December 10, 2025, at prices ranging from $0.035 to $0.050 per share, totaling approximately $262,117.05 [2]. - Prior to these acquisitions, Mr. Milia and the Trust held 25,955,372 common shares, which represented about 13.82% of the 187,785,808 issued and outstanding shares on a non-diluted basis [2]. - Following the recent acquisitions, their total ownership has increased to 31,395,913 common shares, now representing approximately 12.65% of the 248,093,565 issued and outstanding shares on a non-diluted basis [3]. Investment Intent - The common shares were acquired for investment purposes, with Mr. Milia expressing a long-term view on the investment. He may adjust his shareholdings in the future based on market conditions and other circumstances [4].

Early Warning News Release Regarding Update to Investment by Salvatore Milia in Christina Lake Cannabis Corp. - Reportify