159585 Canada Inc.

November 30, 2007 13:34 ET

159585 Canada Inc.: Announcement

MONTREAL, QUEBEC--(Marketwire - Nov. 30, 2007) - 159585 Canada Inc., a private company controlled by Mr. Pierre Somers, announces that it has acquired on November 30, 2007 140,000 class B restricted common shares of Logistec Corp. at $20.00 per share.159585 Canada Inc. now holds 1,202,000 class B restricted common shares of Logistec Corp. which represents 41.88% of the total issued and outstanding class B restricted common shares of Logistec Corp. and 1.02% of the total voting rights attaching to the shares of Logistec Corp. 159585 Canada Inc. also holds 515,300 class A multiple voting common shares of Logistec Corp. which represents 13.5% of the total issued and outstanding class A multiple voting common shares of Logistec Corp. and 13.2% of the total voting rights attaching to the shares of Logistec Corp. In all, 159585 Canada Inc. holds 25.73% of the total issued and outstanding shares of Logistec Corp. and 14.24% of the voting rights attaching to the shares of Logistec Corp. These shares were acquired by 159585 Canada Inc. through the facilities of the Toronto Stock Exchange for investment purposes.

Contact Information

  • 159585 Canada Inc.
    Normand Bastien
    Treasurer
    514-932-9648