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ENGINEERING.com Announces Filing of Early Warning Report(June 08, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 06/08/12 -- ENGINEERING.com Incorporated (the "Company") (TSX VENTURE:EGN), developer of the ENGINEERING.com online resource for engineers, announces the filing of an early warning report by its president, John Hayes.
Mr. Hayes acquired ownership of 21,000 common shares, representing 0.05% of the outstanding shares, for investment purposes. The transaction was conducted through the facilities of the TSX Venture Exchange at a price of $0.03 per share. Before the transaction, Mr. Hayes owned 2,365,000 common shares and 3,000,000 stock options, of which 2,250,000 stock options are currently exercisable for common shares of the Company. With the common shares purchased in this transaction, Mr. Hayes now owns 5.4% of the Company's outstanding shares, based on the 43,570,623 common shares that are currently outstanding. If Mr. Hayes exercised all of his stock options that are currently exercisable, he would, in the aggregate, own approximately 10% of the Company's then outstanding shares.
A copy of the early warning report is available on SEDAR.
About ENGINEERING.com Incorporated
ENGINEERING.com Incorporated (TSX VENTURE:EGN) is the developer-owner of the www.ENGINEERING.com Web site and business. ENGINEERING.com offers marketing services to manufacturers, design consultants and engineering academia around the world. The ENGINEERING.com Incorporated head office is located in Mississauga, Ontario, Canada and can be reached toll-free at 1-877-997-9917, by facsimile at 905-273-6691 or through the Internet at www.ENGINEERING.com.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information or a copy of the Early
Warning Report contact: ENGINEERING.com Incorporated
John Hayes, President & CFO
905-273-9991, ext. 3280 or Toll Free: 1-877-997-9917
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