To update the early warning report issued in August 2017 filed by Icon Exploration (TSX.V: IEX.H) director and CEO Rob Fia, the company recently announced the issuance of 312,500 common shares of the company to Fia at a price of $0.15 each pursuant to the exercise of share purchase warrants. Following the warrant exercise, Fia has ownership and control of 4,613,312 shares of the company. Fia’s resulting interest in Icon is 13.9%, which is a loss of about 2% since August 2017 due to dilution following the completion of a private placement and warrant exercises by other individuals.
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About Icon Exploration Inc.
Icon is a publicly traded company on the NEX Exchange (TSXV: IEX.H). The company’s primary objective is to create a well-diversified company that will produce long-term returns for its shareholders and investors. Icon’s current focus is on assessing potential acquisition targets in the cannabis industry. For more information, visit the company’s website at www.IconExploration.net
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