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SOURCE Caisse de dépôt et placement du Québec
MONTREAL, Sept. 30, 2013 /CNW Telbec/ - Caisse de dépôt et placement du
Québec ("Caisse") announced that, under the terms of a subscription agreement, it has
subscribed for 4,250,000 common shares of H2O Innovation inc. ("H2O Innovation") (TSX Venture Exchange: HEO) representing 6.08 % of H2O Innovation' outstanding common shares, at a price of $ 0.22 CA per
H2O Innovation Inc. is a growing Québec company that designs, manufactures
and assembles custom-built water treatment systems throughout North
The subscription was made through a private placement under the
accredited investor exemption provided by applicable securities
Prior to this transaction, Caisse held 5,793,653 common shares of H2O Innovation.
Following this transaction, Caisse now holds 10,043,653 common shares of
H2O Innovation, representing 14.38% of such shares outstanding.
The Caisse may increase or decrease its interest in H2O Innovation based on market conditions or other relevant factors.
This news release is issued in accordance with the early warning
requirements stipulated by securities regulation, which require that
investors, including the Caisse, issue and file a news release and a
report, when they acquire beneficial ownership of securities with
voting rights that would represent, with the securities they already
hold, 10% or more of the outstanding shares of the class.
In accordance with the Early Warning System, a copy of this news release
and the report will be filed with the applicable Canadian Securities
Administrators and will be available on SEDAR's website (www.sedar.com) and from the person referred to below.