TORONTO, ONTARIO--(Marketwire - Sept. 27, 2012) - Grafton Resource Investments Limited ("Grafton") acquired 23,000,000 common shares and 23,000,000 common share purchase warrants of Martina Minerals Corp. (formerly, Manor Global Inc.) ("Martina") on November 30, 2011, pursuant to a debt for settlement agreement between Compostela Mining Limited and Manor Global Inc. Grafton also subscribed for an additional 310,000 common shares and 310,000 common share purchase warrants of Martina, pursuant to a private placement distribution effected by Martina on November 30, 2011. Prior to the aforementioned acquisitions by Grafton, Grafton held 5,375,000 common shares in the capital of Martina, which common shares were exchanged, on a 2-for-1 basis, into 10,750,000 common shares and 10,750,000 common share purchase warrants of Martina (collectively, the "Common Shares" and "Warrants").
The aggregate Common Shares held by Grafton represent approximately 26.8% of the issued and outstanding common shares of Martina.
Grafton will evaluate its ownership position in the Common Shares from time to time, and depending upon Martina's business and prospects, the financial circumstances and needs of Grafton and future developments (including, but not limited to, availability of funds, alternative use of funds and general economic and market conditions), Grafton may from time to time purchase Common Shares of Martina, dispose of all or a portion of the Common Shares of Martina it holds, or cease buying or selling Common Shares of Martina.
Any additional acquisitions of common shares or warrants of Martina may be made in the open market or privately-negotiated transactions, or otherwise.
Grafton may from time to time increase or decrease its beneficial ownership, control or direction over the securities of Martina.
Grafton Resource Investments Limited is a private corporation.