Early Warning News Release
TORONTO, ONTARIO–(Marketwire – Jan. 8, 2013) - Niketo Co. Ltd., a wholly owned subsidiary of NWT Uranium Corporation advises that on January 7, 2013, it acquired 11,305,332 common shares of Unique Broadband Systems Inc. in an off-exchange trade and by way of private agreement from 2064818 Ontario Inc. Niketo paid $0.03 per UBS common share, for an aggregate cash consideration of $339,159.96. Niketo now owns approximately 11% of the issued and outstanding common shares of UBS.
Niketo has also entered into a share purchase agreement with 6138241 Ontario Inc. to acquire a further 8,500,000 common shares of UBS at a price of $0.03 per share. This transaction is expected to close shortly. If this transaction is completed, Niketo will own 19,805,332 common shares of UBS, representing approximately 19.3% of the issued and outstanding shares of UBS.
Niketo’s holdings in UBS are for investment purposes. Niketo may increase or decrease their investments in UBS depending on market conditions or any other relevant factors.
A copy of the Early Warning Report disclosing the transaction is available on SEDAR at www.sedar.com.
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