West Street Capital Corporation
TSX VENTURE : WSC
TSX VENTURE : WSC.PR.A

West Street Capital Corporation

June 04, 2013 21:45 ET

West Street Capital Corporation: News Release

TORONTO, ONTARIO--(Marketwired - June 4, 2013) - Brookfield Asset Management Inc. ("Brookfield") and West Street Capital Corporation ("West Street") (TSX VENTURE:WSC)(TSX VENTURE:WSC.PR.A) announced today that 508,174 Common Shares of West Street (the "Common Shares") have been validly deposited to the offer made by Brookfield to acquire all of the Common Shares that Brookfield does not already own. Brookfield also announced that the conditions to the offer have all been satisfied. As soon as practicable, Brookfield will take up and accept for payment all Common Shares deposited to the offer. Such payment is expected to be made by no later than June 7, 2013.

Approximately 10.4% of the Common Shares not already owned by Brookfield were deposited to and will be taken up under the offer. Upon payment for the Common Shares taken up, Brookfield will beneficially own 6,538,014 Common Shares, representing approximately 60% of the issued and outstanding Common Shares.

Contact Information

  • West Street Capital Corporation
    Mabel W.H. Wong
    Vice President, Finance
    (416) 363-9491