GG Mars Capital Acquires 6.694% Stake in ZenaTech, Inc.

GG Mars Capital, Inc. has filed a Schedule 13D with the SEC, disclosing its acquisition of a 6.694% stake in ZenaTech, Inc. The acquisition was made through the conversion of $753,360 outstanding under a convertible line of credit provided by GG Mars Capital to ZenaTech in August 2019. The conversion resulted in GG Mars Capital acquiring 430,000 common shares of ZenaTech at a price of $1.752 per share. GG Mars Capital now holds an aggregate of 1,784,864 common shares of ZenaTech. The filing indicates that the shares were acquired for investment purposes, and GG Mars Capital has no current plans or proposals that would result in any significant changes to ZenaTech's operations or structure. The filing also provides details about GG Mars Capital's executive officers and directors, including President Vivienne Passley.