Madison Venture Corporation

November 27, 2015 16:21 ET

Madison Venture Corporation Acquires Shares of Glacier Media Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Madison Venture Corporation ("Madison") announces that it has acquired 799,500 common shares of Glacier Media Inc. ("Glacier") through the facilities of the TSX Venture Exchange at a price of $0.80 per common share. The acquired common shares represent approximately 0.90% of Glacier's outstanding common shares. Following the acquisition, Madison and its affiliates own, directly or indirectly, 26,529,542 Common Shares of Glacier, which represents approximately 29.78% of Glacier's outstanding common shares, and own warrants to acquire an additional 1,115,000 common shares of Glacier at a price of $4.48 per share. The common shares were acquired for investment purposes.

For further information, or to obtain a copy of the acquisition report filed under securities legislation, please contact Dino Di Marco at (604) 638-5272.

Contact Information

  • Madison Venture Corporation
    Dino Di Marco
    (604) 638-5272