Sasha Jacob Announces Change to Holdings in Maritime Launch Services Inc.

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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentTORONTO, April 16, 2026 (GLOBE NEWSWIRE) — Sasha Jacob announces that on April 9, 2026 he disposed of 3,000,000 common shares (“Common Shares”) of Maritime Launch Services Inc. (Cboe CA: MAXQ, OTCQB: MAXQF) (the “Company”), at $0.60 per Common Share for aggregate consideration of $1,800,000. Subsequently, on April 15, 2026, Mr. Jacob exercised 2,250,000 stock options, at an exercise price of $0.167, to acquire 2,250,000 Common Shares of the Company for aggregate consideration of $375,750 (such transactions collectively the “April 2026 Share Transactions”). This press release is being disseminated as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bids and Insider Reporting Issuers (“NI 62-103“) in connection with the filing of an early warning report by Sasha Jacob, as a result of the acquisition and disposition of Common Shares of the Company.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentThe occurrence of the April 2026 Share Transactions following the November 12, 2025 issuance of 208,844,288 Common Shares by the Company, as a result of the conversion of outstanding Company convertible debentures, triggered the issuance of the aforementioned early warning report.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentPrior to the April 2026 Share Transactions, Mr. Jacob beneficially held an aggregate of 114,895,062 Common Shares, warrants to acquire 291,666 additional Common Shares and options to acquire 2,250,000 additional Common Shares representing 15.45% of the outstanding Common Shares on a partially diluted basis. Following the April 2026 Share Transactions, Mr. Jacob now beneficially holds an aggregate of 114,145,062 Common Shares and warrants to acquire 291,666 additional Common Shares representing 15.10% of the outstanding Shares on a partially diluted basis.Article contentThe securities are held for investment purposes. Mr. Jacob may acquire, dispose of or continue to hold Common Shares in the normal course of investment activities.Article contentFor further information, including a copy of the early warning report, please contact the Company at 1883 Upper Water, Suite 303 Halifax, Nova Scotia B3J 1S9. A copy of the early warning report will appear on the Company’s SEDAR+ profile at www.sedarplus.ca. Article contentFor further information, please contact:Article contentMaritime Launch Services Inc. info@maritimelaunch.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending The Great Correction: Not even Wayne Gretzky's hometown could escape the crash of the 'exurbs' Real Estate A rise in mortgage rates may ‘pull the rug' out from under the spring housing market, says CREA Mortgages Posthaste: What Mark Carney's gas tax cut could mean for the Bank of Canada News Cineplex gauging interest from potential buyers Retail & Marketing AI helped CIBC save 1.2 million hours, cut mortgage approval times at TD, CEOs say Banking Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.
The Great Correction: Not even Wayne Gretzky's hometown could escape the crash of the 'exurbs' Real Estate A rise in mortgage rates may ‘pull the rug' out from under the spring housing market, says CREA Mortgages Posthaste: What Mark Carney's gas tax cut could mean for the Bank of Canada News Cineplex gauging interest from potential buyers Retail & Marketing AI helped CIBC save 1.2 million hours, cut mortgage approval times at TD, CEOs say Banking
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