ThreeD Capital Inc. Disposes of Securities of AMPD Ventures Inc. – Benzinga – Press Release

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TORONTO, April 04, 2022 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) IDKIDKFF a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, announces that through a series of transactions beginning March 1, 2022 and ending March 30, 2022 (the “Dispositions”), ThreeD and Sheldon Inwentash (the “Joint Actor”) disposed of ownership and control of an aggregate of 2,685,000 common shares (the “Subject Shares”) of AMPD Ventures Inc. (the “Company” or “AMPD”). The Subject Shares represented approximately 3% of all issued and outstanding common shares of the Company. As a result of the Dispositions, the percentage ownership held by ThreeD and the Joint Actor decreased by 4.6% from the last early warning report filed in which ThreeD, along with the Joint Actor, reported a 13.3% ownership on a partially diluted basis assuming the exercise of warrants and options held.

Immediately prior to the Dispositions, ThreeD and the Joint Actor owned and controlled an aggregate of 2,875,000 common shares, 7,500,000 warrants, and 900,000 options of AMPD, representing approximately 3.2% of all issued and outstanding common shares of the Company (or approximately 11.4% on a partially diluted basis, assuming exercise of the outstanding warrants and options held). Of this total, ThreeD held an aggregate 1,000,000 common shares and 5,000,000 warrants of the Company, representing approximately 1.1% of the issued and outstanding common shares of the Company (or approximately 6.3% on a partially diluted basis assuming exercise of the warrants held). The Joint Actor held an aggregate 1,875,000 common shares, 2,500,000 warrants, and 900,000 options of the Company, representing approximately 2.1% of the issued and outstanding common shares of the Company (or approximately 5.6% on a partially diluted basis, assuming exercise of warrants and options held).

Immediately following the Dispositions, ThreeD and the Joint Actor own and control…

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