AGORACOM UPDATE
In response to the incredible support and suggestions from our members, we're upgrading the website to include some key new functionality. Tonight between 8 pm - 12 pm EST, Agoracom will be undergoing a major upgrade.
Thanks for your continued support and patience.
The Agoracom team.
Dear shareholder,
The report was filed for the purpose that the designation and number or principal amount of securities and the offerors security holding percentage in the class of securities of which the offerors acquired ownership or control in the transaction or occurrence giving rise to the obligation to file the report and whether it was ownership or control that was acquired in those circumstances.
On March 27, 2008, Asia Goldworks Limited acquired ownership and control over 7,000,000 common share units of Garrison International Ltd., in trust for Danny Sun and Anthony Bainbridge. Each Unit consists of one common share of Garrison and one common share purchase warrant (a “Warrant”). Each Warrant is exercisable for one common share of Garrison at a price of $0.12 per share for a period of 18 months from the date of issue. The 7,000,000 common shares acquired by AGL together with the 7,000,000 Warrants, if exercised, represent approximately 17% of the issued and outstanding common shares of Garrison on a fully diluted basis. AGL has signed an undertaking to the TSX Venture Exchange that it will not exercise these Warrants or purchase additional common shares of Garrison until the shareholders of Garrison approve the creation of the new Control Persons (as defined in Exchange policies) that would arise as part of the C$5,000,000 financing described in Garrison’s press release of March 27, 2008, and until Garrison obtains Final Acceptance of the financing from the TSX Venture Exchange.
Regards,
AGORACOM
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