Salida Capital International Limited Issues Early Warning News Release in Respect of Sabre Graphite Corp.

Salida Capital International Limited Issues Early Warning News Release in 
Respect of Sabre Graphite Corp. 
TORONTO, ONTARIO -- (Marketwired) -- 06/05/13 -- Salida Capital
International Limited ("Salida") announced today that it, on behalf
of certain funds managed by it (the "Funds"), controls 10,438,745
common shares ("Shares") of Sabre Graphite Corp. (formerly Paramax
Resources Ltd., the "Issuer"), which represents approximately 40.02%
of the issued and outstanding Shares. 
The Shares were acquired pursuant to a business combination agreement
(the "Business Combination Agreement") entered into, on May 8, 2013,
between the Issuer, MEGA Graphite Inc. ("MEGA") and 2369505 Ontario
Inc., a recently incorporated wholly-owned subsidiary of the Issuer
("Subco"). Pursuant to the Business Combination Agreement, (i) the
parties thereto completed a business combination (the "Transaction")
by way of a three-cornered amalgamation such that MEGA amalgamated
with Subco, effective June 5, 2013, and thereby became a wholly-owned
subsidiary of the Issuer and (ii) former holders of common shares of
MEGA ("MEGA Graphite Shares") received one (1) Share for
approximately each 9.401471 MEGA Graphite Shares held. Shareholders
of both the Issuer and MEGA approved the Transaction at shareholders'
meetings held on June 5, 2013. Immediately prior to the completion of
the Transaction, Salida, on behalf of the Funds, controlled
98,139,579 MEGA Graphite Shares, and therefore following the
completion of the Transaction Salida controls 10,438,745 Shares (or
approximately 40.02% of the issued and outstanding Shares). 
This press release is issued pursuant to National Instrument 62-103 -
The Early Warning System and Related Take-Over Bid and Insider
Reporting Issues, which requires a report to be filed on SEDAR
(www.sedar.com) containing additional information with respect to the
foregoing matters. 
For additional information, or for a copy of the early warning report
filed in respect of the above transactions, please contact Daniel Guy
at 441-293-0960.
Contacts:
Salida Capital International Limited
Daniel Guy
441-293-0960
 
 
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