ThreeD Capital Inc. Disposes of Securities of Birchtree Investments Ltd.

TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions on October 11, 2024 (the “Dispositions”), ThreeD disposed of ownership and control of an aggregate 10,750,000 common shares (the “Subject Shares”) of Birchtree Investments Ltd. (the “Company” or “Birchtree”). The Subject Shares represented approximately 12.9% of all issued and outstanding common shares of the Company. As a result of the Dispositions, the percentage ownership held by ThreeD decreased below 10% from the last early warning report filed in which ThreeD reported a 15.7% ownership of all issued and outstanding common shares of Birchtree.