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News Release Dated March 17th, 2015


Universal investor acquires 350,000 company shares

 

Universal Ventures Inc (C:UN)

Shares Issued 8,118,443

Last Close 3/9/2015 $0.30

Tuesday March 17 2015 - News Release

 

Mr. Charalambos Katevatis reports

 

ACQUISITION OF COMMON SHARES OF UNIVERSAL VENTURES INC.

 

On March 3, 2015, Charalambos (Harry) Katevatis acquired ownership and control of 350,000 common shares of Universal Ventures Inc., representing approximately 4.3 per cent of Universal's issued and outstanding common shares. The additional shares were purchased through the facilities of the TSX Venture Exchange at a price of 30 cents per additional share.

 

Prior to the acquisition of the additional shares, Mr. Katevatis (directly and indirectly through his wholly owned company, Lakithra Management Inc.) owned and controlled a total of 3,077,500 common shares of Universal and 300,000 stock options issued by Universal. As a result of the acquisition of the additional shares, Mr. Katevatis now has ownership and control over an aggregate of 3,427,500 common shares of Universal and 300,000 stock options, collectively, representing approximately 44.28 per cent of the issued and outstanding common shares of Universal, assuming the exercise of the stock options.

 

The additional shares were acquired by Mr. Katevatis for investment purposes. Mr. Katevatis may increase or decrease his ownership of securities of Universal as the circumstances or market conditions warrant.

 

To obtain a copy of the early warning report filed by Mr. Katevatis, please contact Mr. Katevatis at 604-642-6175 or refer to Universal's SEDAR profile.

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