Boeckh Investments Inc.

January 20, 2015 17:11 ET

Boeckh Investments Inc.: Announcement

MONTREAL, QUÉBEC--(Marketwired - Jan. 20, 2015) - Boeckh Investments Inc. ("BII") announced today that it has acquired, through the facilities of the Toronto Stock Exchange ("TSX") and the Alpha Exchange, on January 19, 2015, 99,500 common shares of Terra Energy Corp. ("Terra") at a price of $0.13 per common share.

On April 2, 2014, BII acquired, through the facilities of the TSX, the Alpha Exchange and the CHI-X Alternative Trading System, 200,000 common shares of Terra at a price of $0.395 per common share.

Prior to the April 2, 2014 acquisition, BII and joint actors held 10,488,900 common shares of Terra representing approximately 9.83% of Terra's issued and outstanding common shares. As a result of the April 2, 2014 acquisition, BII and joint actors held 10,688,900 common shares of Terra, representing approximately 10.02% of the issued and outstanding common shares of Terra and as of January 19, 2015, as a result of subsequent acquisitions, hold a total of 10,788,400 common shares of Terra, representing approximately 10.11% of the issued and outstanding common shares of Terra.

BII and joint actors purchased the common shares for investment purposes. BII and joint actors may, depending on market and other conditions and subject to applicable securities regulation, change the beneficial ownership of (or control or direction over) Terra's common shares, whether in the open market, by privately negotiated agreements, or otherwise.

An early warning report in respect of the above noted transaction will be filed on SEDAR.

About Boeckh Investments Inc.

Boeckh Investments Inc. is a private investment holding company with a principal place of business in Montreal, Quebec.

Contact Information

  • Boeckh Investments Inc.
    William Powell
    Chief Financial Officer
    (514) 904-0551