Economic Investment Trust Limited

January 10, 2011 15:06 ET

Dondale Investments Limited Reports Share Ownership in Economic Investment Trust Limited

TORONTO, ONTARIO--(Marketwire - Jan. 10, 2011) - Dondale Investments Limited ("Dondale") announces that as a result of the amalgamation in January, 2011 of Dondale and certain parties who had acted in concert with Dondale with respect to the voting of Common Shares of Economic Investment Trust Limited ("Economic") (TSX:EVT), Dondale holds 692,000 or 12.32% of the outstanding Common Shares of Economic. The parties involved in the amalgamation included Dondale, Cimonoce Corporation, Cirederf Investments Limited, Drawde Investments Limited, and Overdown Holdings Limited. The aggregate ownership of Common Shares in Economic of Dondale, and the remaining parties with whom Dondale acts in concert, of 4,375,429 Common Shares, or approximately 77.92% of the outstanding Common Shares of Economic, remains unchanged as a result of this transaction.

Contact Information

  • Mark M. Taylor
    165 University Avenue, Tenth Floor
    Toronto, Ontario M5H 3B8
    (416) 947-2578
    (416) 362-2592 (FAX)