January 25, 2005 – An investment in Vector Aerospace Corporation has been made by Killick Capital Inc. On January 20, 2005, Killick acquired 2,636,400 Common Shares of Vector on the TSX, which together with the 22,000 Common Shares of Vector already owned by Killick and the 1,049,411 Common Shares of Vector held by Mark Dobbin, the President and controlling shareholder of Killick (for a total of 3,707,811 Common Shares), represents 10.8% of the issued and outstanding Common Shares of Vector, based on the public records of Vector.
The Common Shares are being acquired for investment purposes. Neither Killick nor Mark Dobbin has any current intention of acquiring ownership of or control or direction over any additional Common Shares. Killick, and/or Mark Dobbin, may in the future acquire additional shares of Vector in the market, pursuant to private transactions or otherwise, sell all or some portion of the shares of Vector they own or enter into derivative or other transactions with respect to their shares of Vector.