1693062 Ontario Inc.

May 06, 2008 17:40 ET

1693062 Ontario Inc. Updates Purchases of Pyxis Capital Inc.

TORONTO, ONTARIO--(Marketwire - May 6, 2008) - 1693062 Ontario Inc. announces that on May 5, 2008 it purchased 4,000 Dividend shares at a price of $11.2485 per share and on May 6, 2008 it purchased 2,500 Non-voting shares at a price of $0.34 per share of Pyxis Capital Inc. ("Pyxis") through The Toronto Stock Exchange bringing its total holdings in Pyxis to 7,500,000 Common shares (36%); 45,842,940 Non-voting shares (65.69%) and 4,000 Dividend shares (0.08%). As disclosed in 1693062 Ontario Inc.'s April 29, 2008 Take-over Bid Circular, in connection with its offer for all the shares of Pyxis Capital Inc., 1693062 Ontario Inc. may make purchases of Pyxis during the currency of the bid.

Contact Information

  • 1693062 Ontario Inc.
    Andrew Kim
    President
    (416) 867-9390
    (416) 946-1473 (FAX)