Fireswirl Technologies Inc.

  • Date: 2016-01-11

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LAWRENCE NG ANNOUNCES ACQUISITON OF COMMON SHARES OF FIRESWIRL TECHNOLOGIES INC. January 11, 2016 – Vancouver, British Columbia: Lawrence Ng, the Chief Executive Officer and Director of Fireswirl Technologies Inc. ("Fireswirl") announced today that Lawrence Ng has acquired ownership and control (the "Acquisition") of 1,812,153 common shares in the capital of Fireswirl (the "Purchased Shares") pursuant to a share purchase agreement between Lawrence Ng and a shareholder of Fireswirl dated September 4, 2015. Prior to the Acquisition, Mr. Ng had ownership and control of 3,779,687 common shares of Fireswirl ("Fireswirl Shares"), representing approximately 7.06% of the issued and outstanding Fireswirl Shares. On January 7, 2016, Mr. Ng acquired beneficial ownership and control over the Purchased Shares, representing approximately 3.88% of the issued and outstanding Fireswirl Shares. Together with the 3,779,687 Fireswirl Shares owned by Mr. Ng prior to the Acquisition, Mr. Ng owns or exercises control over a total of 5,591,840 Fireswirl Shares, representing approximately 10.44% of the issued and outstanding Fireswirl Shares. Mr. Ng acquired the aforementioned Fireswirl Shares for investment purposes only. Mr. Ng is issuing this press release pursuant to the requirements of National Instrument 62-103. For further information, please contact: Lawrence Ng Room 301, Block 36 Heng Fa Chuen, Chai Wan Hong Kong Telephone: 011-852-6080-1983 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.