He bought 60M+ shares back in 2013 @0.05 per share
CALGARY, ALBERTA--(Marketwired - Oct. 8, 2013) - Todd Montgomery ("Montgomery") advises that on or about October 8, 2013 he acquired through his holding company Mont Strategies Inc. ownership of 6,035,800 common shares of Infrastructure Materials Corp. (the "Issuer") at $0.05 per share pursuant to a "shares for debt" transaction that was approved by the TSXV on September 25, 2013.
Montgomery now owns and controls, directly or indirectly, 67,556,323 common shares of the Issuer, representing approximately 48.85% of the Issuer's issued and outstanding common shares.
This acquisition was made for investment purposes and Montgomery may from time to time increase or decrease his investments in the Issuer depending on market conditions or any other relevant factor.
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