Unique Broadband Systems, Inc.

Unique Broadband Systems, Inc.

  • 8250 Lawson Rd
  • Concord, Ontario
  • L4K 3Y3

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Description

Mr. McCutcheon has over twenty years of experience in corporate/securities law and capital markets having trained and worked as a lawyer, as well as having been a founding partner, director and senior executive of Lawrence & Company Inc. a merchant bank and family of investment management companies active in private equity, venture capital, and regulated investment funds from 1995 to 2009. He has more than 14 years of experience and resultant understanding of all aspects of investment management operations in Ontario, including venture capital, private equity and public markets.

Toronto, Ontario (January 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.

Mr. Eaton has been a principal of NPV Associates, a Toronto based private equity and consulting company since 2001. His experience in corporate matters in the technology sector is extensive, including assisting in the restructuring and subsequent sale of MGI Software Corp. He has acted as an advisor to Canadian based technology funds, taking an active role with investee companies in addressing their challenges and need for reorganization.

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